Guangdong Province, the Favorite Chinese Footwear Hub

Guangdong province touched a remarkable US$ 12.9 Billion mark, backed by several favorable factors studied in our latest research report, says RNCOS.

NOIDA, India (prHWY.com) May 30, 2012 - A new research report titled, "China Footwear Market Analysis", from RNCOS says that the footwear industry is mainly concentrated in various regional hubs. The main hub is Guangdong province that accounted for half of national footwear production and one-third of the world production. Low cost of Chinese footwear forced many countries to impose anti-dumping duties to protect their domestic footwear industry. In 2010, shoes exports from the Guangdong province touched US$ 12.9 Billion marking, a much higher growth than the previous year. It exported 960 Million pairs of shoes, which is an increase by 16.5% in the first quarter of 2010 over the previous year. In terms of value, footwear export increased by 7.7% to US$ 2.59 Billion during the same quarter. However in March, export fell by 22.2% to 260 Million pairs due to the weak demand and restrictive trade policies.

Demand for China footwear has continued to witness rapid growth over the last few years, owing to inherent advantage in price. According to our latest report, growth in footwear market is characterized by competition in product, pricing, and channel. Moreover, China footwear exporters are shifting their focus to the ASEAN and Middle-East countries so as to reduce dependency on the major exporting countries.

Our report provides an extensive research and detailed analysis of the current status and expected position of the footwear industry in China. The report facilitates the future forecasts of the footwear market in terms of consumption and exports along with the shares of different shoe segments on the basis of product type-like leather shoe, rubber shoe, and plastic shoe and on the basis of user type like women's footwear, men's footwear, and children's footwear. Additionally, analysis of the major regional hubs is also included in the report to provide a reasonable viewpoint on the potentials of the China footwear industry.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM083.htm

Some of our Related Reports are as follows:

- Indian Footwear Market Forecast 2014 (http://www.rncos.com/Report/IM310.htm)
- Brazil Retail Industry Analysis (http://www.rncos.com/Report/IM319.htm)
- China Apparel Industry Analysis (http://www.rncos.com/Report/IM297.htm)
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- US Cosmetic & Toiletries Market Analysis (http://www.rncos.com/Report/IM339.htm)

Check Related REPORTS on: http://www.rncos.com/Retail%20industry.htm

About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: china footwear market

Categories: Lifestyle

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